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Seoul launches probe into dumping of Japanese PET film

SEOUL, Nov. 22 (Yonhap) -- South Korea's trade commission said Friday that it has decided to launch an investigation into an alleged dumping of Japanese polyethylene terephthalate (PET) film. The decision follows a formal complaint from three South Korean manufacturers, according to the Korea Trade Commission. "The commission decided to launch an antidumping investigation after a review of materials submitted by the petitioners yielded a conclusion that their complaint was reasonable," the commission said in a press release.

Dow Chemical looking to raise $1.5 billion from asset sales

(Reuters) - Dow Chemical Co <DOW.N>, looking to focus on high-margin businesses, said it plans to raise $1.5 billion from asset sales in the next 18 months and is seeking buyers for its polypropylene licensing and catalyst business and its plastics additives unit. The largest U.S. chemical maker said it has divested non-core businesses representing about $8 billion in revenue since 2009.

SKC PET plant-Japan firm

SEOUL, March 13 (Yonhap) -- SKC Inc., a South Korean industrial film maker, said Wednesday that it has decided to sell a stake in its Chinese polyester (PET) film plant to a Japanese maker of plastic film, as part of efforts to strengthen business cooperation. Toyobo Co. of Japan will hold a 15-percent stake in SKC High Tech Plastics Co. in China, becoming the third-largest shareholder after SKC and SKC China, the company said. SKC did not reveal the value of the deal.
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